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227 Spruce Ave, Villas, NJ 08251

3 beds • 2 baths • sqft

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This property looks like a bad Airbnb investment with a projected -16.16% first-year return on $191k initial cash invested.

-16.16%

Cash On Cash

2.36%

Cap Rate

0.4

DSCR

$3,900

Rent

-$2,573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,900 income − $6,473 expenses = $2,573 out of pocket

Income$3,900Out of Pocket$2,573Mortgage P&I$4,037104%Property Taxes$2667%Insurance$2988%Management$58515%CapEx$1564%Maintenance$1564%Other$97525%

Investment Breakdown

|

Purchase Price

$824k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$165k

Closing costs

1%

$8,241

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,900

Total Expenses

$6,473

Mortgage P&I

104%

$4,037

Property Taxes

7%

$266

Home Insurance

8%

$298

HOA

0%

$0

Property Management

15%

$585

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$975

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